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Aylin Silva
on Oct 09, 2024

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(Consider This) Ticket scalping:

A) imposes economic losses on both buyers and sellers.
B) creates economic gains for both buyers and sellers.
C) imposes losses on buyers but creates gains for sellers.
D) imposes losses on sellers but creates gains for buyers.

Ticket Scalping

The practice of buying tickets for an event and reselling them at a higher price, often to benefit from high demand and limited supply.

Economic Losses

Economic losses refer to the reduction in financial value experienced by individuals, businesses, or the economy as a whole due to adverse events or decisions.

Economic Gains

Increases in economic welfare, often measured by improvements in income, production, or satisfaction levels.

  • Display an understanding of the processes by which market mechanisms allocate resources with efficiency.
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AO
Analise OstrowskiOct 11, 2024
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